Outlook & Strategy

EU-Catalyst Partnership to back Ørsted’s FlagshipONE e-methanol project
Danish energy company Ørsted has secured support from the EU-Catalyst Partnership, which consists of the European Commission (EC), Breakthrough Energy Catalyst, and the European Investment Bank (EIB), for its FlagshipONE project, also known as Europe’s largest e-methanol plant. On December 1, at COP

Shipping CEOs call for an end to fossil-only powered newbuilds
The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory conditions to accelerate the transition to green

New tool identifies best ports for developing green first-mover initiatives
Environmental Defense Fund (EDF) and Lloyd’s Register (LR) Maritime Decarbonisation Hub, in collaboration with Arup, have introduced the Sustainable First Movers Initiative Identification Tool, a system to help shipping stakeholders align investment decisions that support the maritime energy transit

Project for implementing Scotland-Rotterdam hydrogen export route moves forward
The consortium behind the LOHC for Hydrogen Transport from Scotland (LHyTS) project, which aims to establish a hydrogen export route from Scotland to Rotterdam via liquid organic hydrogen carrier (LOHC), has conducted engineering studies targeted at developing a pilot project as a precursor to large

Corvus Energy appoints new CEO
The Board of Norway-based energy storage company Corvus Energy has appointed Fredrik Witte as the new CEO, starting January 1st, 2024. Witte joins from his position as the Managing Director of Cargill Aqua Nutrition. “Corvus Energy is entering an important phase where the company will continue to bu

Northern Lights’s LCO2 carrier pair hits 60% completion milestone
The construction of the first two Northern Lights’ ships has surged past the 60% completion mark, signaling substantial strides in the creation of what has been described as the world’s first large vessels tailor-made for liquified CO2 transport, the company said. The Northern Lights project, a join

Scottish Renewables: ‘Seastar spells the start of a new chapter in the tidal energy story’
Scottish Renewables has welcomed the announcement about €20 million secured from the EU for a 4MW tidal energy project that will be deployed offshore Scotland and led by Nova Innovation.

New green hydrogen and PtX solutions company Rely formally established
Technip Energies, an engineering and technology company, and John Cockerill, a designer and manufacturer of large-scale technological solutions, have finalized the creation of Rely, a new company dedicated to integrated green hydrogen and Power-to-X (PtX) solutions. Headquartered in Brussels, Belgiu

Training project for seafarers on zero-emission ships in the making
A new training project is being launched aimed at preparing seafarers for zero or near-zero emission ships as a way of addressing the imminent need for upskilling the workforce to operate advanced technological solutions and alternative fuels. The project was announced at the 2023 UN Climate Change

‘Collaborate with non-obvious partners’ – Offshore energy industry talks innovation and speeding things up
The offshore wind industry, now the linchpin between several offshore energy industries, is calling for both innovation and accelerating deployment, while also making sure one does not impede the progress of the other. In this article: During the ‘Renewable energy: Innovate or accelerate?’ confe

Azane taps Amogy to power its ammonia fuel bunker vessel
Azane Fuel Solutions, a Norwegian company developing an ammonia bunkering terminal, has signed a Memorandum of Understanding (MoU) with US-based ammonia power solutions company Amogy Inc. to explore the technical and commercial feasibility of using Amogy´s ammonia-to-power system on board an Azane-d

64% mull cutting maritime investments amid ESG concerns, reveals Woodrow study
Some 64% of senior finance professionals in the UK are contemplating reducing their investment in the maritime sector because of Environmental, Social, and Governance (ESG) risks, according to a recent study from sustainability and communications consultancy Woodrow. The report sheds light on key ar

Live from Offshore Energy Exhibition & Conference 2023
Welcome to the Live Blog! #OEEC2023 in a nutshell. Enjoy the highlights of the event in this video: Thanks to all participants, partners, sponsors and media partners for making this event such a great success! See you next year on 26 & 27 November 2024! Drinks at Navingo stand Offshore Energy Exhibi

CMB.TECH, Boeckmans order four hydrogen-ready cargo vessels
Belgium-based developer and integrator of hydrogen solutions CMB.TECH and compatriot maritime transportation firm Boeckmans have teamed up on the order of four future-proof hydrogen-powered 5.000 dwt general cargo vessels.